earnings
confidence high
sentiment neutral
materiality 0.60
Edible Garden gross profit surges 181% to $2.3M; gross margin triples to 16.7% in 2024
Edible Garden AG Inc
2025-Q1 EPS
reported -$2.47
vs consensus -$30.91
▲ beat
(+92.0%)
- Core herb revenue grew 16.3% YoY to $1.8M, offset by exit of lettuce/floral and vitamin declines.
- Net loss widened to $11.1M ($0.81 EPS) from $10.2M, driven by higher SG&A and interest costs.
- Company pursuing transformative acquisition of Narayan Group (European organic coconut/superfood producer).
- New product launches: Squeezables stir-in herb pastes and Kick Sports Nutrition on Amazon.
- Walmart partnership contributed to elimination of 11,803 metric tons of CO₂ in 2024.